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Comstock Resources (CRK)
NYSE:CRK
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CRK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.07 - $13.39
Previous Close$9.95
Volume693.67K
Average Volume (3M)3.40M
Market Cap
$3.01B
Enterprise Value$5.88B
Total Cash (Recent Filing)$19.27M
Total Debt (Recent Filing)$2.95B
Price to Earnings (P/E)―
Beta1.19
Next Earnings
Oct 29, 2024EPS Estimate
-$0.11Last Dividend Ex-Date
Nov 30, 2023Dividend Yield5.04%
Share Statistics
EPS (TTM)-0.05
Shares Outstanding292,260,645
10 Day Avg. Volume2,280,729
30 Day Avg. Volume3,402,949
Standard Deviation0.21
R-Squared0.01
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)1.25
Price to Sales (P/S)2.12
Price to Cash Flow (P/CF)8.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.29
Enterprise Value/Gross Profit22.09
Enterprise Value/Ebitda5.92
Forecast
1Y Price Target
$9.40Price Target Upside-8.78% Downside
Rating ConsensusHold
Number of Analyst Covering8
Comstock Resources News
Bulls Say, Bears Say
Bulls Say
Cost-Saving InnovationsThe company highlighted the use of Horseshoe Wells as a cost-saving method, achieving a drilling and completion savings of approximately $530 per lateral foot.
Inventory And Market PositionCRK’s 30+ years of inventory and elevated short interest continue to make it an interesting beta play to an improving natural gas price environment.
Operational ExpansionCRK continues to expand its operations in the promising Western Haynesville with an update on recent (1Q24 vintage) well performance likely.
Bears Say
Cash FlowLimited, if any, free cash flow generation over the next several years due to the current natural gas price backdrop.
Financial PerformanceCRK reported disappointing 2Q24 results with a miss across production, DCFPS and EBITDA.
ProductionManagement expects volumes to decline sequentially in 2024 given activity cuts (2 rigs) earlier this year.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CRK FAQ
What was Comstock Resources’s price range in the past 12 months?
Comstock Resources lowest stock price was $7.07 and its highest was $13.39 in the past 12 months.
What is Comstock Resources’s market cap?
Currently, no data Available
When is Comstock Resources’s upcoming earnings report date?
Comstock Resources’s upcoming earnings report date is Oct 29, 2024 which is in 40 days.
How were Comstock Resources’s earnings last quarter?
Comstock Resources released its earnings results on Jul 30, 2024. The company reported -$0.2 earnings per share for the quarter, missing the consensus estimate of -$0.163 by -$0.037.
Is Comstock Resources overvalued?
According to Wall Street analysts Comstock Resources’s price is currently Overvalued.
Does Comstock Resources pay dividends?
Comstock Resources pays a Annually dividend of $0.13 which represents an annual dividend yield of 5.04%. See more information on Comstock Resources dividends here
What is Comstock Resources’s EPS estimate?
Comstock Resources’s EPS estimate is -$0.11.
How many shares outstanding does Comstock Resources have?
Comstock Resources has 292,260,650 shares outstanding.
What happened to Comstock Resources’s price movement after its last earnings report?
Comstock Resources reported an EPS of -$0.2 in its last earnings report, missing expectations of -$0.163. Following the earnings report the stock price went down -7.248%.
Which hedge fund is a major shareholder of Comstock Resources?
Among the largest hedge funds holding Comstock Resources’s share is Royce & Associates LLC. It holds Comstock Resources’s shares valued at 4M.
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Comstock Resources Stock Smart Score
Unlock Smart Score
1
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9
10
Analyst Consensus
Hold
Average Price Target:
$9.40 (-8.78% Downside)
$9.40 (-8.78% Downside)
Blogger Sentiment
Bullish
CRK Sentiment 77%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 321.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $137.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-11.46%
12-Months-Change
Fundamentals
Return on Equity
-0.86%
Trailing 12-Months
Asset Growth
8.36%
Trailing 12-Months
Company Description
Comstock Resources
Comstock Resources, Inc. engages in the acquisition, development, and exploration of oil and natural gas. It focuses primarily on properties located in Texas and Louisiana. The company was founded in 1919 and is headquartered in Frisco, TX.
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CRK Company Deck
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CRK Earnings Call
Q2 2024
0:00 / 0:00
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CRK Stock 12 Month Forecast
Average Price Target
$9.40
▼(-8.78% Downside)
Technical Analysis
Best Analysts Covering CRK
1 Year
1 Year Success Rate
9/18 ratings generated profit
1 Year Average Return
+7.91%
reiterated a buy rating 5 months ago
Copying Derrick Whitfield's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +7.91% per trade.
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